Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • Loading your search...
    Close

    Compare, check your eligibility and apply for credit cards online.

  • Credit Card BYTES FROM OUR KITCHEN

    CIMB Bank Cashback Credit Cards

    CIMB Bank offers four credit cards which offer cash rebates on specific spending categories. Three of these cards work on conventional banking principles while the fourth card is Shariah-compliant and works on Islamic banking principles.

    On the whole, these cards offer cash rebates of up to 7% of the spent amount. The percentage of cash rebate may vary based on the statement balance of the month.

    CIMB Cash Rebate Platinum Credit Card

    Category Cash Rebate Monthly Cap
    Statement Balance< RM3,000 Statement Balance>RM3,000
    Movies 2% 5% RM30
    Petrol
    Grocery
    Mobile and Utility Bills via Standing Instructions
    Spend in Foreign Currency (Retail or Online) 2% RM30
    Other Categories 0.2% Unlimited

    Features and Benefits

    • Enjoy up to 5% cash rebate on petrol, movies, grocery, mobile, and utility bill payments.
    • Enjoy a number of privileges on hotel booking, shopping, and dining deals if you’re a CIMB credit cardholder.

    How Does CIMB Cash Rebate Work?

    Consider that you have spent an amount of RM700 on groceries, movies, and petrol in a month. The spend made in foreign currency is RM500 and the other retail/online purchases made in the month is RM2,000. Therefore, the total spend of the month is RM3,200.

    According to the cash rebate programme of the card, you are eligible to get 5% cash rebate on groceries, petrol, and movies as the total spend of the month is greater than RM3,000. The cash rebate on these categories is RM35. Since the cash rebate is capped at RM30, you will get a cash rebate of RM30 for the month.

    The cash rebate on foreign currency spend is 2% of the spent amount and amounts to RM10. Moving to the next category, a spend of RM2,000 will fetch you a cash rebate of RM4 at 0.02%.

    The illustration for the total spend of RM3,200 is summed up in the table given below:

    Spend Category Amount Spent Cash Rebate Percentage Cash Rebate Earned
    Groceries, Movies, and Petrol RM700 5% (Since the spent amount is greater than RM3,000) RM30
    Foreign Currency Transactions RM500 2% RM10
    Other Retail/Online purchases RM2,000 0.02% RM4

    CIMB Tesco Platinum Credit Card

    Category Cash Rebate Monthly Cap
    Statement Balance< RM3,000 Statement Balance >RM3,000
    Tesco 2% 5% RM50

    Features and Benefits

    • Get Tesco Clubcard at zero cost.
    • Enjoy the contactless payment technology integrated with the credit card.
    • Accumulate extra Tesco Clubcard Points on your spend.

    How Does CIMB Cash Rebate Work?

    When you spend RM2,000 at Tesco Stations for fuel purchase out of the total statement balance of RM2,500, you can get a cash rebate of 2% on the amount spent at Tesco Stations i.e., RM40. In another case, if you spend RM1,500 for fuel purchase at Tesco Stations out of the total statement balance of RM3,500, then you can get a cash rebate of RM50.

    Statement Balance Tesco Spend Cash Rebate Earned
    RM2,500 RM2,000 RM40 (2% of the Tesco spend)
    RM3,500 RM1,500 RM50 (5% of the Tesco spend capped at RM50)

    CIMB PETRONAS Platinum Credit Card

    Category Cash Rebate Monthly Cap
    Statement Balance < RM3,000 Statement Balance >RM3,000
    PETRONAS 3% 7% RM50
    Other Retail Spends 0.2% Unlimited

    Fatures and Benefits

    • Get complimentary travel insurance cover of up to RM1 million when you charge the entire cost of your flight tickets to this credit card.
    • Enjoy exciting benefits at Cars International, Sonic Battery Trading, and RaytechCS.

    How Does CIMB Cash Rebate Work?

    Consider a total statement balance of RM2,800 where RM1,200 is spent on PETRONAS and the remaining RM1,600 is spent on retail purchases, shopping, and grocery. Then, the total cash rebate you can expect is 3% of PETRONAS spend of RM1,200 i.e., RM36.

    If you have a statement balance of RM4,500 out of which you have spent RM800 on PETRONAS, then you can get a cash rebate of 7% of PETRONAS spend of RM800 accounting to RM56. Since the card specifies a cap of RM50, you will get a cash rebate of RM50.

    Statement Balance PETRONAS Spend Other Retail Spend PETRONAS Cash Rebate Earned 0.2% Cash Rebate on Other Spends
    RM2,800 RM1,200 RM1,600 RM36 (3% of the PETRONAS spend) RM3.2
    RM4,500 RM800 RM3,700 RM50 (7% of the PETRONAS spend capped at RM50) RM7.4

    CIMB Islamic Bank Petronas Gold Credit Card

    Category Cash Rebate Monthly Cap
    Statement Balance < RM3,000 Statement Balance >RM3,000
    PETRONAS 3% 7% RM50
    Other Retail Spends 0.2% Unlimited

    Features and Benefits

    • Get travel takaful coverage of up to RM500,000 when you pay the entire cost of your flight tickets with this credit card.
    • Get discounts on select services at Cars International, Sonic Battery Trading, and RaytechCS.

    How Does CIMB Cash Rebate Work?

    Consider a total statement balance of RM2,800 where RM1,200 is spent on PETRONAS and the remaining RM1,600 is spent on retail purchases, shopping, and grocery. Then, the total cash rebate you can expect is 3% of PETRONAS spend of RM1,200 i.e., RM36.

    If you have a statement balance of RM4,500 out of which you have spent RM800 on PETRONAS, then you can get a cash rebate of 7% of PETRONAS spend of RM800 accounting to RM56. Since the card specifies a cap of RM50, you will get a cash rebate of RM50.

    Statement Balance PETRONAS Spend Other Retail Spend PETRONAS Cash Rebate Earned 0.2% Cash Rebate on Other Spends
    RM2,800 RM1,200 RM1,600 RM36 (3% of the PETRONAS spend) RM3.2
    RM4,500 RM800 RM3,700 RM50 (7% of the PETRONAS spend capped at RM50) RM7.4

    Fees and Charges

    Fees and Charges/Card CIMB Cash Rebate Platinum Credit Card CIMB Tesco Platinum Credit Card CIMB PETRONAS Platinum Credit Card CIMB Islamic Bank Petronas Gold Credit Card
    Annual Fee (Principal Card) Waived. Waived. Waived. Waived.
    Annual Fee (Supplementary Card) Waived. Waived. Waived. Waived for the first year. RM74.20 from the second year.
    Finance Charges 15% p.a. to 18% p.a.
    Cash Advance Fee 5% of the advance amount or a minimum of RM15, whichever is higher.
    Cash Advance Interest Rate 18% p.a. calculated on a daily basis.
    Late Payment Fee 1% of the outstanding balance i.e., RM10 to RM100.
    Minimum Monthly Payment 5% of the current balance + goods and services tax (if any) + unpaid minimum payment specified in the last monthly statement or RM50, whichever is higher.

    Eligibility Criteria

    Credit Card Minimum Annual Income Requirement
    CIMB Cash Rebate Platinum Credit Card RM24,000.
    CIMB Tesco Platinum Credit Card RM24,000.
    CIMB PETRONAS Platinum Credit Card RM24,000.
    CIMB Islamic Bank Petronas Gold Credit Card RM24,000.

    Documents Required

    • A copy of MyKad/NRIC with your signature.
    • The income-related documents required are given in the table below:
    Type Documents
    Salaried employees of multinational companies, public-listed companies, and government-linked companies.
    • Fixed income earners must submit latest salary slip or EPF statement having a minimum of 6 months’ contribution.
    • Variable income earners must submit latest 3 months’ salary slip or EPF statement having a minimum of 6 months’ contribution.
    Other company employees
    • Latest 3 months’ salary slip and 3 months’ bank statement, or
    • Latest 6 months’ EPF statement showing 6 months’ contribution.
    Self-employed Individuals
    • A minimum of 6 months’ bank statement and business registration certificate, or
    • Latest Form B with the LHDN payment receipt or e-Form B and tax e-filing acknowledgement receipt.

    Applying for CIMB Cash Rebate Credit Card

    Mode Process
    Online Application
    • Visit the credit card’s page on the official website of the bank.
    • Click on Apply Now button.
    • Fill up the required details in the application form.
    • Upload the required documents.
    • Submit the application online.
    Offline Application
    • Visit the nearest bank’s branch.
    • Get the credit card application form from the bank staff.
    • Fill up the form with necessary information.
    • Attach the supporting documents.
    • Submit the application to the staff.

    Each of the CIMB credit cards mentioned above provides cashback on specific spending categories. Assess what categories you usually spend on and sign up for a card that suits your lifestyle needs and spending habits to get maximum cash rebates. Keep in mind to read the terms and conditions of the credit card you choose to get a complete idea of how it works.

    FAQs on CIMB Cash Rebate Credit Cards

    Q. How can I use the cash rebate earned?

    A. The cash rebate you earn will be used to settle interest charges. If the cash rebate earned is higher than the interest charges, the remaining cash rebate can be used to pay for retail purchases.

    Q. What happens if a cash rebate transaction gets reversed?

    A. If a transaction involving a cash rebate is reversed, then the cash rebate you earned will also be reversed.

    Q. Are there any exclusions in terms of spending category to get cash rebate?

    A. Yes. Cash rebates are not offered if you spend on charity or government-related services.

    Q. When does the cash rebate get credited?

    A. The cash rebate will be calculated up to the monthly statement date and will be credited to your credit card account on the next monthly statement date.

    Q. Do retail spends made using a supplementary credit card get cash rebates?

    A. Yes. Retail purchases made using a supplementary credit card are considered for cash rebates.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.